8/19/2014 – America Has a Retirement Spending Problem

Aug 19, 2014 Comments Off by

Achieving a secure retirement is a complex endeavor. Working-age households are charged with saving the right amount to enable a similar standard of living in retirement as that enjoyed during their working years. Upon retirement, households are faced with another daunting challenge-turning their accumulated wealth into security and spending down their wealth in a way that allows them to deal with a host of risks such as uncertain health costs, the risk of outliving assets, and variable returns to both financial assets and housing. Ultimately, a sound retirement means adept choices about both saving and spending.

Read the full article at The Brookings Institution.

Financial Security 2014, Longevity News 2014

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